In his latest budget, the Chancellor confirmed a reduction of the SCAPE discount rate from 2.8% above the Consumer Prices Index (CPI) to 2.4% above CPI. The SCAPE discount rate is used to determine the actuarial factors used across all of the public service pension...

Following changes to the LGPS regulations, earlier this year, we have reviewed the Funding Strategy Statements for both the Cambridgeshire and Northamptonshire Pension Funds. This consultation seeks views on proposed amendments to these documents. The Funding Strategy...

Earlier in the year there were changes in the way strain costs are calculated when running redundancy estimates and the actual final calculation depending on when the calculations were run within the year. If you have had an estimate calculated for you by LGSS...

As an employer in the Local Government Pension Scheme, we would like to advise you of recent changes to the rules governing the Scheme, which could have an impact on your member’s pension rights. A letter providing full details of these changes has been uploaded...